Johnson Controls International (JCI) Set to Announce Earnings on Wednesday

Johnson Controls International (NYSE:JCI) is set to announce its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.51. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.94 billion. During the same period in the previous year, the firm earned $0.67 EPS. The firm’s revenue was up .4% compared to the same quarter last year. On average, analysts expect Johnson Controls International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Johnson Controls International Trading Up 1.0 %

Shares of Johnson Controls International stock opened at $65.11 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The business has a fifty day simple moving average of $62.79 and a two-hundred day simple moving average of $56.92. Johnson Controls International has a 1 year low of $47.90 and a 1 year high of $70.43. The company has a market capitalization of $44.37 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 1.63 and a beta of 1.24.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s dividend payout ratio is presently 48.21%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Wells Fargo & Company upped their price target on shares of Johnson Controls International from $64.00 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Barclays boosted their price target on Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 2nd. Royal Bank of Canada decreased their price objective on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. Oppenheimer lifted their target price on Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Finally, StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $64.50.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.